General Mills' CEO Discusses Q3 2012 Results - Earnings Call Transcript

General Mills (GIS)

Q3 2012 Earnings Call

March 21, 2012 8:30 am ET

Executives

Kristen Smith Wenker - Vice President of Investor Relations

Donal Leo Mulligan - Chief Financial Officer and Executive Vice President

John T. Machuzick - Senior Vice President and President of General Mills Bakeries & Foodservice Division

Kendall J. Powell - Chairman and Chief Executive Officer

Analysts

Edward Aaron - RBC Capital Markets, LLC, Research Division

Matthew C. Grainger - Morgan Stanley, Research Division

Kenneth Goldman - JP Morgan Chase & Co, Research Division

Robert Moskow - Crédit Suisse AG, Research Division

Andrew Lazar - Barclays Capital, Research Division

Eric R. Katzman - Deutsche Bank AG, Research Division

David Palmer - UBS Investment Bank, Research Division

Kenneth B. Zaslow - BMO Capital Markets U.S.

Jason English - Goldman Sachs Group Inc., Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the General Mills Fiscal 2012 Third Quarter Earnings Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded, Wednesday, March 21, 2012. I would now like to turn the conference over to Kris Wenker, Vice President of Investor Relations. Please go ahead.

Kristen Smith Wenker

Thanks, operator. Good morning, everybody. I'm here with Don Mulligan, our CFO; John Machuzick, Senior Vice President and Head of our Bakeries and Foodservice business; and Ken Powell, our Chairman and CEO. I'll turn the call over to them in just a minute. First, I'm going to cover my usual housekeeping item.

Our press release on third quarter results was issued over the wire services earlier this morning. It's also posted on our website if you still need a copy. We've got slides out on the website, too, that supplement today's prepared remarks. And these remarks will include forward-looking statements that are based on management's current views and assumptions. The second slide in today's presentation lists factors that could cause our future results to be different than our current estimates.

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